Business Models are often blamed for limiting what we want our organizations to become. The reason: dominant logic. Learn how to decode the mental models that keep us trapped. Clayton Christiansen, the late father of disruption theory, concisely defined the conventional wisdom about business model transitions. The reason why it’s so hard to innovate from
Business Modeling, the Game TL;DR Yes, you are living in a simulation How you die = punt on the business model Game progression = vital decisions leading to actions that unlock new business models Your reserves = courageluck:capital How to win the game: see the system levers, to take on the goliaths, to build a
This is the second in the Tech Titans Series. Sign up to get the most recent Tech Titans and upcoming reports. We turn our attention to Facebook’s 2018 Year End financials. Did you give up Facebook after the privacy, democracy, and lobbying issues Facebook faced last year? Well, you didn’t put a dent in their
No More Predictions Please: What’s Your Range of Possibility for 2019 It’s time for new year’s predictions. But 2019 is too difficult a year to try to envision in comparison to the year that comes next. 2020 was the even year in our sights for the last 20 years. 2020 represented a horizon line in
Why do we still keep using the metaphors of the industrial age to describe the opportunities we see? Data is not oil. Data was not formed over millions of years. Data was not extracted from deep underneath the earth’s crust. Data is not derived from the fossilized remains of dead organisms. Notice the words we
This is the third in our series on FANG company business model narratives, including Facebook and Netflix (check next week for Amazon). Typically, when companies get big, extremely mega big, $100 BN revenues big, they start to slow down. Google is not slowing down. Companies built on technology follow an S curve of growth. At the start of the
Is there any room for business model diversification? Yesterday Facebook announced a re-org of their management team to improve communication and put more accountability for privacy decisions. But the company also needed a reorg to deal with the growing complexity of their business. We all thought we understood Facebook’s advertising business model until it started
Swerving and pivoting a business model story for customer joy and massive shareholder value Thinking of a switch to a subscription model? We have much to learn from the swerves and pivots of today’s leading subscription company: Netflix. Of the top 5 tech companies, only Netflix depends entirely on a subscription revenue model for success,
One day, Mark Zuckerberg, Sergey Brin, and Larry Page woke up and realized they were in the advertising business. And they were sad. All of that technical prowess, all of those high IQ Stanford grads, all of that bold experimentation to optimize people buying more stuff. Sergey and Larry did something about it. They
A call to articulate your long-term view We have this story we tell in business: a vicious loop of misaligned expectations and unrealized dreams. Investors, we tell ourselves, want short-term quarterly results. Visionaries have no place in large public companies because all decisions are optimized for the short term win. Unicorns, companies valued at a